Announced Thu, 10 Sept · 15:43 IST
Promoters release pledge of 21.92% shares worth 9.51 crore with IREDA
WEBELSOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹75.74
prior close
₹75.37
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-0.8-1.1-0.2-3.6-4.7-5.3-4.0-4.8—————
Up moveDown movePending
AI summary
Promoters of Websol Energy System Ltd, namely Sohan Lal Agarwal, SL Industries Pvt Ltd and Websol Green Projects Pvt Ltd, released 9,51,72,110 pledged equity shares (21.92% of share capital) held with Indian Renewable Energy Development Agency (IREDA) on September 10, 2026. Encumbered promoter shares drop from 26.57% to 4.65% of capital post-release. Total promoter group holding stays at 29.32%.
Likely market impact
Major pledge release cuts encumbrance from 26.57% to 4.65%, reducing forced-sale risk and signaling stronger promoter financial position.